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Triangular trade

 
US History Encyclopedia:

Triangular Trade

At least two overlapping patterns of trans-Atlantic trade developed in the colonial era whereby profits from rum and other American and British manufactured goods sold on the west coast of Africa financed the purchase of enslaved Africans. Those slaves were then taken to the Americas, where their sale in turn funded the shipment of sugar, molasses, and other New World raw materials to the point of origin for the manufactured products. There the whole three-cornered process began anew. In one version of this triangular trade, the manufactured goods originated in British ports, notably Liverpool. In the similar American triangular trade route, the manufactured goods, especially rum, went from New England ports to the Gold Coast of Africa. In both patterns, the second leg of the triangle became known as the infamous "middle passage" in which enslaved Africans were carried to destinations in the Americas, usually islands in the West Indies, but in some instances locations on the North American mainland, especially Charleston, South Carolina.

After they sold their slave cargoes at great profit to colonial purchasers, ship captains took on molasses, sugar, or other local crops, mostly to avoid sailing back to their home ports in ballast. Especially for New England merchants, the middle passage was by far the most lucrative of the three legs of the triangular trade. The English triangular trade commenced almost as soon as European colonies in the New World began to import African slaves. The American variant had roots in the seventeenth century but was mostly an eighteenth-century phenomenon. Although greatly reduced by the end to the legal slave trade in 1808, the triangular pattern continued to exist in an illicit form until the Civil War ended slavery in the United States.

The large slave-carrying ships out of Liverpool required deep-water anchorage, limiting them to a few European-controlled ports on the African coast. They were too specialized to accommodate nonhuman cargoes efficiently, yet often suffered from long periods of unprofitable idle time in America as captains scrambled for local products to ship back to England. Ultimately, many returned laden only with ballast, leaving it to other sorts of British ships to carry goods along the leg of the triangle between England and the New World. Instead of being a simple three-legged route for any one vessel, then, the triangular path from England to Africa to America was in reality a general arrangement for the movement of goods, credits, and slaves around the Atlantic world, often with different ships running different legs of the route.

In America, Rhode Island was the principal mainland American point on the triangle. Vessels out of Bristol and Newport were generally much smaller and far less specialized than the ships employed by Liverpool slave traders. They could negotiate shallow water, giving them access to locations the Liverpool slavers could not reach. They were also easily converted from carrying slaves to carrying nonhuman cargoes. This versatility minimized down time in port and maximized the chances for profits from the classic triangular trade pattern. While the triangular slave trade was never the prime feature of Rhode Island's commercial activity, it was important there. Indeed, contemporaries claimed that New England distilleries dominated the enormous rum trade into Africa.

The activities of the Newport merchant Aaron Lopez are perhaps the best-known evidence for the existence of the triangular trade. In his first brush with the slave trade in 1761–1762, Lopez and his partner and cousin, Jacob Rodriguez Rivera, sent more than 15,000 gallons of rum, American foodstuffs, and a small quantity of tobacco to Africa on the Greyhound, a brig under the command of an experienced Newport slaving captain named William Pinnegar. Apparently, Lopez enjoyed a substantial profit from this venture, for thirteen similar voyages by a variety of Newport ships and commanders in his employ followed through 1774. Although not all of them fit the triangular trade model perfectly, they conformed in a general sense. Lopez's vessels all left Newport with large quantities of rum, to which he added smaller amounts of foodstuffs, manufactured items, and forest products. His captains sold those goods in African ports, where they purchased slaves for the American market. Typically, they sold the slaves in several West Indian ports and sometimes at Charleston, South Carolina, taking on board whatever local produce might be available, but with a special interest in West Indian rum and the molasses that New England distilleries would convert into their own brand of the drink, thereby providing the raw materials for yet another "Guinea Voyage."

The economic dislocations occasioned by the American Revolution disrupted participation in the Atlantic slave trade. In an 1807 statute, Great Britain outlawed the slave trade altogether, and the United States followed suit in 1808. The British navy began to suppress the trade on the high seas. Some slave ships continued to make their way to American ports, but the heyday of the Atlantic slave trade, triangular or otherwise, was over.

Bibliography

Coughtry, Jay. The Notorious Triangle: Rhode Island and the African Slave Trade, 1700–1807. Philadelphia: Temple University Press, 1981.

Klein, Herbert S. The Middle Passage: Comparative Studies in the Atlantic Slave Trade. Princeton, N.J.: Princeton University Press, 1978.

Minchinton, Walter E. "The Triangular Trade Revisited." In The Uncommon Market: Essays in the Economic History of the Atlantic Slave Trade. Edited by Henry A. Gemery and Jan S. Hogendorn. New York: Academic Press, 1979.

Platt, Virginia Bever. "'And Don't Forget the Guinea Voyage': The Slave Trade of Aaron Lopez of Newport." William and Mary Quarterly, 3rd. Ser. 32 (1975): 601–618.

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Wikipedia:

Triangular trade

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Depiction of the classical model of the Triangular trade.

Triangular trade, or Triangle trade, is a historical term indicating trade among three ports or regions. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Triangular trade thus provides a mechanism for rectifying trade imbalances between these regions.

Contents

Atlantic triangular trade

The best-known triangular trading system is the Transatlantic Triangular Trade, that operated during the 17th, 18th, and early 19th centuries, carrying slaves, cash crops, and manufactured goods between West Africa, the Caribbean or American colonies and the European colonial powers, with the northern colonies of British North America, especially New England, sometimes taking over the role of Europe.[1]

The use of African slaves was fundamental to growing colonial cash crops, which were exported to Europe. European goods, in turn, were used to purchase African slaves, which were then brought on the sea lane west from Africa to the Americas, the so called middle passage. [2]

A classic example would be the trade of sugar (often in its liquid form, molasses) from the Caribbean to Europe or New England, where it was distilled into rum, some of which was then used to purchase new slaves in West Africa.

Diagram illustrating the stowage of African slaves on a British slave ship.

The trade represented a profitable enterprise for merchants and investors. The business was risky, competitive and severe, but enslaved Africans fetched a high price at auctions, making the trade in human cargo a lucrative business[citation needed].

The first leg of the triangle was from a European port to Africa, in which ships carried supplies for sale and trade, such as copper, cloth, trinkets, slave beads, guns and ammunition. [3] When the slave ship arrived, its cargo would be sold or bartered for slaves, who were tightly packed like any other cargo to maximize profits.

On the second leg, ships made the journey of the Middle Passage from Africa to the New World. Once the slave ship reached the New World, enslaved survivors were sold in the Caribbean or the Americas.

The ships were then prepared to get them thoroughly cleaned, drained, and loaded with export goods for a return voyage, the third leg, to their home port.[4] From the West Indies the main export cargoes were sugar, rum, and molasses; from Virginia, commodities were tobacco and hemp. The ship then returned to Europe to complete the triangle.

However, because of several disadvantages that slave ships faced compared to other trade ships, they often returned to their home port carrying whatever goods were readily available in the Americas and filled up a large part or all of their capacity with ballast. Other disadvantages include the different form of the ships (to carry as many humans as possible, but not ideal to carry a maximum amount of produce) and the variations in the duration of a slave voyage, making it practically impossible to pre-schedule appointments in the Americas, which meant that slave ships often arrived in the Americas out-of-season. Instead, the cash crops were transported mainly by a separate fleet which only sailed from Europe to the Americas and back. The Triangular trade is a trade model, not an exact description of the ship's route. [5]

New England

Depiction of the Triangular Trade of slaves, sugar, and rum with New England instead of Europe as the third corner.

New England also benefited from the trade, as many merchants were from New England, especially Rhode Island, replacing the role of Europe in the triangle. New England also made rum from the Caribbean sugar and molasses, which it shipped to Africa as well as within the New World.[6] Yet, the 'triangle trade' as considered in relation to New England was a piecemeal operation. No New England traders are known to have completed a full sequential circuit of the triangle, which took a calendar year on average, according to historian Clifford Shipton who, after years of sifting through New England shipping records, could not find a single instance of a ship completing the full triangle as described [7] The concept of the New England Triangular trade was first suggested, inconclusively, in an 1866 book by George H. Moore, was picked up in 1872 by historian George C. Mason, and reached full consideration from a lecture in 1887 by American businessman and historian William B. Weeden. [8] Although the Slave Trade was banned in 1807 American involvement in the clandestine trade to Cuba and Brazil was continued up to the time of the American Civil War.

Other triangular trades

The term "triangular trade" also refers to a variety of other trades.

External links

References

  1. ^ About.com: The Trans-Atlantic Slave Trade. Accessed 6 November 2007.
  2. ^ National Maritime Museum - Triangular Trade. Accessed 26 March 2007.
  3. ^ Scotland and the Abolition of the Slave Trade. Accessed 28 March 2007.
  4. ^ A. P. Middleton, Tobacco Coast.
  5. ^ Emmer, P.C.: The Dutch in the Atlantic Economy, 1580-1880. Trade, Slavery and Emancipation. Variorum Collected Studies Series CS614, 1998.
  6. ^ Rhode Island Slavery History. Accessed 15 December 2007.
  7. ^ Curtis, Wayne. and a Bottle of Rum. New York: Three Rivers Press, 2006-2007. ISBN 978-0-307-33862-4. page 117.
  8. ^ Curtis, Wayne. and a Bottle of Rum. New York: Three Rivers Press, 2006-2007. ISBN 978-0-307-33862-4. page 119.
  9. ^ Kurlansky, Mark. Cod: A Biography of the Fish That Changed the World. New York: Walker, 1997. ISBN 0-8027-1326-2.
  10. ^ Morgan, Kenneth. Bristol and the Atlantic Trade in the Eighteenth Century. Cambridge: Cambridge University Press, 1993. ISBN 0521330173. Pages 64–77.
  11. ^ Chris Evans and Göran Rydén, Baltic Iron in the Atlantic World in the Eighteenth Century : Brill, 2007 ISBN 9789004161535, 279

 
 
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